Unipol Group: preliminary consolidated results of 2014 examined
Wednesday, February 11, 2015
- Consolidated net profit of €505m (+168.8% compared to €188m in 2013)
- Direct insurance income of €17,883m (+6.4%)
- Non-Life business: premium income of €8,969m (-8.7%, or -5.9% net of the sale of the business unit to Allianz)
- Life business: income of €8,915m (+27.7%)
- Combined Ratio at 94.0% (+93.1% as at 2013)1
- Structured notes portfolio reduced by over €2bn; capital gains for €29m
- Solvency margin equal to 168% (165% in 2013)
- Expected unitary dividend equal to €0.17 per ordinary share and €0.19 per preference share